On 22 July 2019, the Securities Commission Malaysia announced that it would implement an action plan to strengthen standards of corporate governance to prevent corruption, misconduct and fraud in Malaysia.

In the three months since the Communist Party of China convened its 18th National Congress in November 2012, the CPC’s new leaders repeatedly have emphasized the important policy goal of combatting corruption.

On Tuesday, January 17, 2012, the U.S. Department of Justice ("DOJ") filed a deferred prosecution agreement requiring Marubeni Corporation ("Marubeni") to pay $54.6 million in criminal penalties for its participation in a conspiracy to bribe Nigerian officials in violation of the U.S. Foreign Corrupt Practices Act ("FCPA").

As we wrote in our November 19, 2010 FCPA Client Alert, Assistant Attorney General Lanny Breuer, Criminal Division, Department of Justice, recently acknowledged that "some practitioners and others would like to see, in the FCPA area, an amnesty program similar to the one that exists in the realm of antitrust."

Based on Mondaq users readership, this author is ranked as Very Popular in United States for the topics, user groups and industry sectors listed below:

Topics

Government, Public Sector

Money Laundering

Criminal Law

White Collar Crime, Anti-Corruption & Fraud

Position

Inhouse Counsel, Lawyer in Company/Government

* Rankings are based on analysis of the last 12 months of Mondaq readership data across more than 25,000 contributing authors. To be ranked ‘Very Popular’ an author must be in the top 20% of results within the selected criteria.